SS and Medicare
If I take SS benefits now while applying for Medicare would be $600.00 if I wait til age 70 I would / should receive $ 1,026.00 what are your thoughts and or calculations for this? Thank you
Terry Says
You should definitely wait until age 70 to take SS, assuming you have other money to live on until then. That would give you a much higher base check (not quite sure about those calculations, but you at least get an additional 8% for every year you wait. And future cost of living increases will be applied to that higher base.
